$ETH currently trading at $3,684.37, with a 24-hour price change of -4.57%. The coin faces strong resistance around the $3,720-$3,750 zone and has begun to dump after a lower high formation. Here's a breakdown of the market outlook¹:

- *Current Price:* $3,684.37

- *24-Hour High/Low:* $3,878.67 - $3,616.66

- *Resistance Levels:* $3,720-$3,750, $3,755 (stop loss)

- *Support Levels:* $3,660-$3,680, $3,500

*Trade Setup:*

- *Entry Zone:* $3,695-$3,715 (short idea)

- *Take Profit:* $3,655 (TP1), $3,610 (TP2), $3,555 (TP3)

- *Stop Loss:* $3,755

*Market Analysis:*

- *Trend:* Bearish pressure is building, with a potential deeper retracement if the $3,660-$3,680 support level breaks.

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